New Delhi: The government has slashed excise duty on petrol to Rs 3 a litre and exempted diesel fully from it to help oil marketing companies like HPCL, BPCL, and IOC deal with the rising global crude prices amid the war in the Middle East. The Finance ministry, in a notification dated March 26, cut…
Washington: The Federal Communications Commission has mooted proposals to encourage businesses to bring call centre jobs back to the US and require call-takers to be proficient in American Standard English. In a statement here, the Federal Communications Commission (FCC) said that over the past few decades many corporations shifted their customer service and call centre…
Washington: US President Donald Trump’s signature is set to feature on US paper currency soon, a first for a sitting president since the introduction of dollar bills in 1861. The decision, taken by the US Treasury, coincides with the 250th anniversary celebrations of American Independence this year. “In celebration of America’s 250th anniversary, President Donald…
Tehran/New Delhi: Iran allowed India and several other “friendly nations”, including China and Russia to use the Strait of Hormuz for commercial shipping, Iranian Foreign Minister Seyed Abbas Araghchi has said. Global oil and gas prices have surged after Iran virtually blocked the Strait of Hormuz, a narrow shipping lane between the Persian Gulf and…
New Delhi: Aviation watchdog DGCA has asked Air India to take corrective measures after the airline deployed a wrong aircraft for operating a flight to Vancouver last week, a senior official said on Thursday. Action has also been taken against an airline official for the incident, the senior official at the Directorate General of Civil…
HDFC’s quiet structural amendment may look like a small-print change—but it carries large implications. Every Indian investor in a Gold ETF needs to pay attention. For nearly two decades, a simple idea has underpinned India’s Gold ETF industry: physical backing. Every marketing brochure, every financial advisor’s pitch, and every retail investor’s mental model rested on…
New Delhi: Gold prices climbed Rs 5,091 to Rs 1.44 lakh per 10 grams in futures trade on Wednesday amid strong global trends and a weak US dollar. On the Multi Commodity Exchange, gold for the April contract appreciated by Rs 5,091, or 3.66 per cent, to Rs 1,44,003 per 10 grams. Analysts said the rally…
New Delhi: Technology solutions provider Avantel on Wednesday said it has secured a contract worth Rs 459.9 crore to supply and maintain Real-Time Train Information System (RTIS) devices for the Centre for Railway Information Systems (CRIS). The contract was awarded by Bengaluru-based Zetwerk, an infrastructure and technology partner to the Indian Railways. It covers the…
New Delhi: The government has mandated that cooking gas LPG supply to households will be discontinued if consumers fail to switch to piped natural gas where such connectivity is available, under a new order aimed at accelerating gas network expansion and reducing reliance on a single fuel. As India grapples with an LPG shortage due…
New Delhi: State-owned oil companies on Wednesday said there is no shortage of petrol, diesel or LPG in the country, urging citizens not to believe rumours circulating on social media or resort to panic buying. Indian Oil Corporation (IOC), the nation’s largest oil firm, said “there is no shortage of petrol or diesel”, adding that…
